Bello El-Rufai, a federal lawmaker representing Kaduna North Federal Constituency, has called out Ministries, Departments, and Agencies (MDAs) for their refusal to curtail wasteful spending. He accused them of misusing public funds on non-essential items, such as utensils and vehicles. In a viral video shared by PUNCH Online on Friday, Bello, the son of former…
The Supreme Court on Monday dismissed a suit seeking to remove President Bola Tinubu from office. The court also imposed a fine of ₦5 million on the plaintiff, Chief Ambrose Owuru, the 2019 presidential candidate of the Hope Democratic Party (HDP). In a unanimous decision by a five-member panel led by Justice Uwani Musa Abba-Aji,…
The Federal Government has reassured Nigerians that the Tax Reform Bill currently under consideration in the National Assembly aims to simplify tax administration and shield low-income earners from excessive tax burdens. Mallam Lanre Issa-Onilu, the Director-General of the National Orientation Agency (NOA), disclosed this during a press briefing in Osogbo. Represented by Olubukola Olorunfemi, the…
Nigeria’s Minister of State for Foreign Affairs, Bianca Odumegwu Ojukwu, has urged South Africa to back Nigeria’s bid for full membership in the G20, BRICS, and the BRICS New Development Bank. The appeal was made during her closing remarks at the ministerial session of the 11th Nigeria-South Africa Bi-National Commission (BNC) in Cape Town. President…
Personnel from the Nigeria Correctional Service (NCOS), the Nigeria Security and Civil Defence Corps (NSCDC), and the Nigerian Immigration Service (NIS) have expressed frustration over unpaid promotion arrears and the government’s failure to implement their new salary scales following promotions. The aggrieved officers called on President Bola Tinubu to investigate the matter, alleging that funds…
The Nigeria Labour Congress (NLC) has announced plans to commence a strike on Monday, December 1, in Katsina, Cross River, and Zamfara states over their failure to implement the new national minimum wage of N70,000. This action comes despite 33 states and the Federal Capital Territory (FCT) already complying with the 2024 National Minimum Wage…
The Nigerian Senate has advanced four major tax reform bills to the next legislative stage by passing them for a second reading on Thursday. The proposed legislation seeks to streamline tax administration, establish key institutions, and update existing tax laws. The bills, which include the Nigeria Tax Bill 2024, the Tax Administration Bill, the Nigeria…
Nigeria’s Minister of Finance and Coordinating Minister of the Economy, Wale Edun, has defended the need for additional borrowing to fund the federal budget, even as the country’s public debt exceeds N134 trillion. Edun made the statement during an interactive session with the Senate Joint Committees on Finance, National Planning, and Economic Affairs, focused on…
The Nigerian Senate has announced that President Bola Tinubu is set to present the 2025 national budget this week. Senate spokesperson Yemi Adaramodu (APC, Ekiti South) disclosed on Sunday that the presentation could take place “this week or in earnest,” reflecting the administration’s dedication to efficient fiscal planning and timely budgetary procedures. Adaramodu revealed that…
The Northern Governors Forum, representing 19 northern Nigerian states, has strongly opposed President Bola Tinubu’s proposed Tax Reform Bill. This bill seeks to revise the distribution model for Value Added Tax (VAT) from a centralized system to a derivation-based model, which allocates tax revenues based on where goods and services are consumed rather than the…
